PoisnBGood said:ShaneM said:I applied to 2 BoA cards in my AOR here...the first one got deferred so I applied for the second. I got approved for both, although the CL from the 2nd came from my existing BoA CL. Either way I consolidated and used the first offer.

I see. I guess if it all comes from the same pool, I'll save myself the trouble and just apply to the one card. Less inquiries is always good. Let's hope they give me a big fat CL. Haha.
I agree, I had the same experience as Shane, one new card with new CL, one new card took CL from old card.

PoisnBGood said:devildoc said:Couple of things
1 - there is a 15month chase card out there
2 - there is a $0 fee BoA card
3 - state farm is a bad idea, rarely approves except for existing customers, pulls all 3 CRAs
4 - WAMU unsolicited applications rarely get a decent CL
5 - I have had better luck with Juniper (and you get a blank check to deposit)
6 - USBank isn't bad either

Regarding USBank. All the apps I see say that the balance transfer fee is $0 if I ask for it on the application. If I have not CC debt, where can I transfer it to? How much should I ask for?
You can call after approval and BT 89% (or as much as you're willing to) with no fee (for the first 30 days or so).
I am not a believer in requesting BTs with apps. I don't think it helps get approved and/or higher CLs. And if they approve you for less than the BT, it causes delays.

threatdown said:devildoc said:Chase 15 month biz
BoA no fee

Is there an issue with reallocating credit (total over 15k) to the bofa No fee card? The note that "Credit Line: may be as high as $15,000" makes me leery of including this card in my next AOR.

I think that's the initial line. My current, consolidated CL on that card is $171,000. Not quite Scott1961, but respectable still.

1) I generally advocate ordering apps by desirability, not by lender. Some lenders might be touchier about inquiries, so you'd do them first if you really want the card. Grouping by lender is normally unnecessary. There was one case of Citibank freaking on out someone's account when they say more than five inquiries on his CR, but fingers crossed, that hasn't been widely reported.

2) The utilization on personal cards is very, well, personal, as you mentioned, you'll see recommendations from 49 to 89. It depends mainly on how worried you are about adverse action. For business cards, since they don't report on your personal credit report, you can generally be more aggressive, usually maxing them out. (biz credit reports do exist, but they're not checked as often).

3) If you're just going to love 'em and leave 'em, biz cards are the way to go. Not only does the util not hurt you, but then you don't have a "new account" on your credit report lowering your average age.

4) I'm putting all my money into chinese pork belly futures. Short term CD's could work, just make sure that you leave enough money to pay minimum payments until the CD matures.

Ok, almost ready to start. Couple for questions for you fine people:
1. Should I group my applications by type (personal, business), issuer (Citi, Chase, Discover), or the cards I want. Is there any benefit to applying all the cards in one category together? Or is it all the same in the end?Business cards 1st - like markkundinger said, "love em and leave em"

2. I read about people advocating utilizations from 50 to 89. What's the optimal, but safe % to use? Is it any different for business accounts as opposed to personal?as mark said... in my terms biz = 99% ALWAYS...personal = 49% for each card (just make certain your TOTAL personal revolving credit utilization never exceeds 30-35%)

3. If I am going to use a card, is it better to get a personal or business version? Cards like Amazon.com is near identical. Is it better to have the CL report to my personal (higher overall reporting CL), or not at all.Biz

4. Where should i put all the BT money? I got a savings at 3.30 right now. I'm also considering the WAMU 8 month CD at 4.80. I'd like to avoid the rewards checking due to the limit, and extra work needed. Where are people generally putting their money right now?4.76% 90day-intro-APY Everbank FreeNet Checking and Yield Pledge Money Market Account (Bank Deals post)

Last year I was hit with a hard inquiry at Experian (CUSTOMER ONE FIN/EVERB)(note: I applied for the overdraft protection).

Thanks for the help guys. Where can I find the 15 month advanta offer?I'll give you a break since you're a senior member... but please do a little leg work next time.

Here's money to buy a spoon:

See that box named 'search' at the top right corner? Type "Advanta 15 months" and click GO.

Don't forget, applying for Advanta thru Card offers = $50; and the Discover Open Road and Discover Business Card = $40 each.

PoisnBGood said:So I finished applying for my cards...
Took me a little over an hour. I went with cards I wanted most first, then continued with the rest. Sadly, I got deferred on 8 of 12 cards. Is that normal? Is it a bad sign?
Amazon Chase gave me $400... Probably cause it was the last card I applied for.
BOA link was dead after the initial page. I tried FF and IE, neither worked. Anyone else having problems?
Cardoffers link for the Discover Open Road Card was also dead.
I'll update the status as I get them, but right now, I'm not feeling too hot.If I could give 10 green, I would.... I am launching in the next 2-3 hours and your post contains vital information for future BOA Plat Plus applicants...

I am curious about your order of operations and the bureau pulls (you mentioned CHASE = $400 but it was your last applcation?)

I just decided to apply to the BOA NEA Visa card, since the first BOA card failed. Got deferred again. I'll see what happens...

Edit: I'm actually a bit annoyed at this. I know it's an AOR and all, but I've been getting constant junk mail from BoA asking me to apply. I figured something in the system would just let it through. I guess I overestimated the worth of pre-approvals.

Edit #2: Haha, I take that back. I got an email like 3 mins later saying I was approved for $15,000. Does this count as instant or deferred? Haha.

Well, I didn't get a pre-approval for NEA. I've just been getting a letter a month from BOA saying I am pre-approved. I'm also reminded of that everytime I call to service my checking account. My issue was, either stop spamming me, or give me the benefit of the doubt when I apply. But it seems that my annoyance was premature, as they gave me $15,000 about 3 mins later.